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Madhur Knit Crafts Ltd IPO

Madhur Knit Crafts Limited, established in August 1997, is a textile manufacturing company that produces fabrics, blankets, winter wear, garments, and other textile products.

IPO GMP

+₹2

+2% expected gain

Price Band

₹95 - ₹100

Lot Size

2400 shares

Min Investment

₹2,40,000

Listing Date

September 1, 2026

About Madhur Knit Crafts Ltd

Company overview, business, and key facts.

Madhur Knit Crafts Limited, established in August 1997, is a textile manufacturing company that produces fabrics, blankets, winter wear, garments, and other textile products.

The company started commercial production in 2013, initially focusing on blankets, and later expanded its product range to serve consumer, industrial, and institutional customers.

The company follows an integrated yarn-to-cloth manufacturing process, covering activities such as knitting, dyeing, printing, brushing, polishing, sueding, stentering, bonding, and finishing. Its manufacturing facility is located in Ludhiana, Punjab, a major textile hub that offers easy access to raw materials, suppliers, logistics, and distribution networks.

Founded

1997

Headquarters

Ludhiana, Punjab

Promoters

Arun Gupta, Piyush Gupta, Chirag Gupta

IPO Details

Issue TypeBook-build Issue
Face Value₹10
Price Band₹95 - ₹100
Lot Size2400 shares
Total Issue Size₹27.00 Cr
Fresh Issue₹27.00 Cr
Offer for Sale—
Listing AtNSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)1.01x
Non-Institutional (NII)0.74x
Retail Individual (RII)2.3x
Total Subscription1.5x

Strengths & Risks

Strengths

  • Review:

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹89.56₹0.90₹64.59
    2024₹108.41₹1.70₹90.60
    2025₹171.76₹11.03₹122.59
    February 2025₹194.79₹12.35₹159.97

    Figures are indicative and restated for presentation.

    Madhur Knit Crafts Ltd IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Market cap at upper band

    ₹161.1 Cr

    Post-IPO shares × upper price band

    P/E on 2025 profit

    14.6x

    Price to sales

    0.94x

    Revenue growth, 2025

    +58.4%

    38.5% a year over the period

    Profit growth, 2025

    +548.8%

    250.1% a year over the period

    Profit margin (PAT)

    6.4%

    EBITDA margin 13.56%

    ROE / ROCE

    37.42% / 33.49%

    As published in the offer document

    Debt to equity

    2.28

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹4,800

    2400 shares on ₹2,40,000. GMP is unofficial.

    What stands out

    • Profit grew 548.8% in 2025.
    • GMP has been rising over the last three readings.

    Watch-outs

    • Leverage: debt to equity is 2.28.
    Listing price scenarios
    If the current GMP holds₹102.00+2%
    If the grey market premium disappears₹100.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: listed peer comparison, published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Madhur Knit Crafts Ltd's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Madhur Knit Crafts Ltd IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Madhur Knit Crafts Ltd IPO is trading at a grey market premium (GMP) of +₹2 (+2% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 1.5x overall — QIB: 1.01x, NII: 0.74x, Retail: 2.3x.

    Madhur Knit Crafts Ltd IPO subscription has closed. The shares are expected to list on September 1, 2026.

    The minimum investment required is ₹2,40,000 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review:.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Madhur Knit Crafts Ltd IPO — Frequently Asked Questions

    What is Madhur Knit Crafts Ltd IPO GMP today?

    Madhur Knit Crafts Ltd IPO GMP (grey market premium) today is +₹2, suggesting an estimated listing gain of +2%. GMP is indicative and subject to change.

    What is the price band of Madhur Knit Crafts Ltd IPO?

    The price band for Madhur Knit Crafts Ltd IPO is ₹95 - ₹100 with a lot size of 2400 shares. The minimum investment required is ₹2,40,000.

    When is Madhur Knit Crafts Ltd IPO allotment date?

    Madhur Knit Crafts Ltd IPO allotment is expected to be finalised on August 28, 2026. You can check your allotment status on the registrar's website (Skyline Financial Services Pvt. Ltd.) using your PAN number.

    When will Madhur Knit Crafts Ltd IPO list on NSE/BSE?

    Madhur Knit Crafts Ltd IPO is expected to list on NSE SME on September 1, 2026.

    How to check Madhur Knit Crafts Ltd IPO allotment status?

    To check Madhur Knit Crafts Ltd IPO allotment status, visit the registrar's website (Skyline Financial Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Madhur Knit Crafts Ltd IPO?

    Madhur Knit Crafts Ltd IPO has a GMP of +₹2. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Madhur Knit Crafts Ltd IPO?

    The lot size for Madhur Knit Crafts Ltd IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,40,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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